TECO Energy, Inc. (TE) Ex-Dividend Date Scheduled for May 12, 2016

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TECO Energy, Inc. ( TE ) will begin trading ex-dividend on May 12, 2016. A cash dividend payment of $0.23 per share is scheduled to be paid on May 27, 2016. Shareholders who purchased TE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.22% increase over the same period a year ago. At the current stock price of $27.76, the dividend yield is 3.31%.

The previous trading day's last sale of TE was $27.76, representing a -0.25% decrease from the 52 week high of $27.83 and a 57.73% increase over the 52 week low of $17.60.

TE is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). TE's current earnings per share, an indicator of a company's profitability, is $.8. Zacks Investment Research reports TE's forecasted earnings growth in 2016 as 7.45%, compared to an industry average of -2.2%.

For more information on the declaration, record and payment dates, visit the TE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: NEE , SO

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